Wash. Admin. Code § 460-21C-010 - Definitions

For purposes of this chapter, the following terms have the meanings indicated:

(1) "Financial institution" means federal and state-chartered banks, savings and loan associations, savings banks, credit unions, and the service corporations of such institutions located in this state.
(2) "Networking arrangement" means a contractual or other arrangement between a broker-dealer and a financial institution pursuant to which the broker-dealer conducts broker-dealer services on the premises of such financial institution where retail deposits are taken.
(3) "Broker-dealer services" means the investment banking or securities business as defined in paragraph (u) of Article I of the By-Laws of the Financial Industry Regulatory Authority, Inc.


Wash. Admin. Code § 460-21C-010
Amended by WSR 14-10-040, filed 4/29/14, effective 5/30/2014

Statutory Authority: RCW 21.20.100, 21.20.450. 00-05-055, § 460-21C-010, filed 2/14/00, effective 3/16/00.

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